MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0009411
Pace Resources Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹13.79 Cr
▼ 27% YoY
Net profit · FY 2022
₹40.91 Lakh
Net margin 3%
EBITDA · FY 2022
₹26.29 Lakh
EBITDA margin 1.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
252
Provident fund records
About Pace Resources Private Limited
Data last updated:
Pace Resources Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2010PTC208851. Its GSTIN is 07AAECB3902F2Z3 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6 Lakh. It was formerly known as Blue Orange Resources Management Private Limited. It is led by directors including Rajendra Singh and Sunita Singh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 222 GF New Dda Flats New Kondli Mayur Vihar – III, New Delhi, Delhi, India – 110096.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.79 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹40.91 Lakh (net margin 3%) and EBITDA of ₹26.29 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 252 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pace Resources. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending.
Pace Resources Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0009411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paceresources.in.
Company details
CIN U74140DL2010PTC208851
Registration Number 208851
Incorporation Date 28 September 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-02-0009411
Recognitions & Rankings of Pace Resources
Contact details
Pace Resources Private Limited's registered office is in New Delhi, Delhi. Its website is paceresources.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address222 GF New Dda Flats New Kondli Mayur Vihar – III, New Delhi, Delhi, India – 110096
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Pace Resources Private Limited, buy the company report.
Comprehensive company report
Pace Resources Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Pace Resources operates one associated brand: Pace Resources. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR solutions including manpower, payroll, and compliance services to businesses. | paceresources.in |
Financials of Pace Resources Private Limited
FY 2022 filings availablePace Resources Private Limited reported revenue of ₹13.79 Cr (down 27% YoY) for FY 2022.
Revenue · FY 2022
₹13.79 Cr ▼ 27%
Net profit · FY 2022
₹40.91 Lakh margin 3%
EBITDA · FY 2022
₹26.29 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 10%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 68%
5 years · compounded
▲ 11%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 68% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pace Resources Private Limited, buy the company report.
Board of directors of Pace Resources Private Limited
Pace Resources has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Singh Also directs: Rajendra Infratech Private Limited | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Sunita Singh Also directs: Rajendra Infratech Private Limited | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Sorabh Sharma | Director | 12 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Pace Resources Private Limited is audited by R H V P & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H V P & CO | FY 2022 | 032269N |
Shareholding
The shareholding of Pace Resources Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pace Resources Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2016 | 100052867 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Pace Resources Private Limited has 3 court cases on record: 2 filed by Pace Resources, 1 filed against it. All cases are pending.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Commercial suit | Filed by the company against an individual | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against Aarav International | Pending |
| District court, Central, Delhi | Court case (POIT) | Filed against the company by an individual | Pending |
To see the full case history of Pace Resources Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pace Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pace Resources Private Limited has a workforce of 252 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
252
Active EPFO establishments
1
Employee growth
-8.7%
GST
Pace Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECB3902F2Z3 | Delhi | Active | 22 Jul 2017 |
To see the full GST registrations and return filing status of Pace Resources Private Limited, buy the company report.
Recent activity
Pace Resources Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Rajendra Singh was appointed as Director on 30 Jan 2018.
AGM
Pace Resources Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Pace Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.
Appointed
Rajendra Singh was appointed as Director.
Ceased
Sandeep Choudhary ceased to be Director.
Appointed
Sunita Singh was appointed as Director.
Ceased
Rajendra Singh ceased to be Director.
Appointed
Sorabh Sharma was appointed as Director.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100052867 was registered on 20 Jul 2016.
Ceased
Chandra Shekhar ceased to be Director.
Ceased
Sorabh Sharma ceased to be Director.
Ceased
Omkar Mishra ceased to be Director.
Ceased
Deepak Jain ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Pace Resources is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 September 2010 (16+ years old) and is registered under CIN U74140DL2010PTC208851.
Pace Resources has 3 current directors:
- Rajendra Singh - Director
- Sunita Singh - Director
- Sorabh Sharma - Director
The latest financial statements of Pace Resources on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Pace Resources is 07AAECB3902F2Z3, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pace Resources is U74140DL2010PTC208851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Resources has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Pace Resources was incorporated on 28 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Rajendra Singh was appointed as Director on 30 Jan 2018. Sandeep Choudhary ceased to be Director on 30 Jan 2018. Sunita Singh was appointed as Director on 30 Jan 2018. Pace Resources has 9 board changes on record in total.
Yes, Pace Resources is registered as a small enterprise under Udyam registration (number: UDYAM-DL-02-0009411).
Pace Resources can be reached through the website paceresources.in. Its registered office is in New Delhi, Delhi, India.